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Topic: BTC Price (Read 1381 times)

hero member
Activity: 3038
Merit: 634
September 25, 2017, 04:07:38 AM
#46
The price of bitcoin is now 3600 dollars , last few days the price of bitcoin is 4000 dollars the price decrease 400 dollars. If you want to buy bitcoin you can buy now and for sure you will earn a lot of profit in the future. But invest only you can afford to lose because we dont know what thw exact price of bitcoin in the next few days or month. I hope the pricd will increase so we can make profit.

It went $3,800 and it started to land at $3,600 and no more falls so that this can be a very good stable price for bitcoin at the moment.

-snip-
So this is the reason now why the price is falling again? Is anyone here is mad at what Dimon's doing? He surely is the demon of crypto currency.
we cant do nothing with this person but its he's way to make profits, just speculating about his stand maybe he's frustrated that he's business start being ruined or his part of the whale club which trying really crash the market and to hold more btc, its hard to predict where's direction will be heading but one
thing is for sure risk taker will take much bigger earnings in the long run if project succeed.

Yeah he wants to make profit out of his false information and this guy should stop hallucinating. Maybe he thinks that he can buy more bitcoins at a super dip.

It's a win-win situation for him, because he spread wrong information then his business will be back to normal and at the same time he got more cheaper coins.

I hope that McAfee will stop this crazy guy if not, there is something now that's stopping bitcoin to increase.
hero member
Activity: 3080
Merit: 603
September 23, 2017, 08:25:54 AM
#45
It's just a coincidence that the price bitcoin is dumping on weekends. But on my observation from Monday - Wednesday this is the most crucial days of the week because the dumps are happening on these said days. But there's no proof on it as the market is depending on the current demand and supply as well as the good news and bad news that are popping out from different sources.
legendary
Activity: 1596
Merit: 1011
September 23, 2017, 08:13:30 AM
#44
It has nothing to do with the weekends, maybe it is just because some users of bitcoin are getting their payments at weekends, and they usually convert it to fiat to use it for their lives. It is also because bitcoin is not yet widely used in real life, in stores. And bitcoin's price dropping is because of the panic sellers who are afraid to lose money. Being greedy.
panic is a normal thing of course. and partly influenced by the need for someone to withdraw bitcoin to the local currency. because it can affect about the number of bitcoin requests in an exchanges. if noticed, the more people who need bitcoin it will make the price increase and when many people who sell bitcoin the bitcoin price will decrease. there is a natural scheme that always happens and is seen in bitcoin market.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
September 23, 2017, 07:41:36 AM
#43
It has nothing to do with the weekends, maybe it is just because some users of bitcoin are getting their payments at weekends, and they usually convert it to fiat to use it for their lives. It is also because bitcoin is not yet widely used in real life, in stores. And bitcoin's price dropping is because of the panic sellers who are afraid to lose money. Being greedy.

Look what happen to price in last few month every time when weekend start price is slowly recovers and every time is that same path.
Its not just that some are get payed usually is 1st or 15th but not so middle in the month.

As for greed this is something that is bound to us all people we are greedy and we will always be greedy and wanting more and more, its our nature.
hero member
Activity: 2632
Merit: 833
September 23, 2017, 07:34:49 AM
#42
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

Not sure what exactly but imo it should be something to do with the fact that there are rumors going on that china is going to ban everything bitcoin related including mining and transacting on the network, and not just trading bitcoin.

This remains FUD and unconfirmed. I do not think that this has anything to do with Fridays/weekends.

Anyways, great time to load up a few coins if you have the fiat.

Its looks like my initial assumption that bitcoin will slowly go down because of the government shutting down the operation of local exchanges has been proven wrong. Because the price of bitcoin is touch $3800 again. The China effect is no more. While Dimon bashes bitcoin again. The price didn't react negatively, but instead go up a few percentage. And I think the factor that offset the negative news is that Charlie Lee tweeted that according to his source, bitcoin mining will not be close by the Government. If this is true and China confirms it, then the price could go as high as $5000 again. We need to wait and see if Charlie is correct.
full member
Activity: 588
Merit: 100
September 23, 2017, 07:12:15 AM
#41
It has nothing to do with the weekends, maybe it is just because some users of bitcoin are getting their payments at weekends, and they usually convert it to fiat to use it for their lives. It is also because bitcoin is not yet widely used in real life, in stores. And bitcoin's price dropping is because of the panic sellers who are afraid to lose money. Being greedy.
hero member
Activity: 812
Merit: 509
September 23, 2017, 03:23:58 AM
#40
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

Mainly because people are panicking over the entire situation in China. Most of which is obvious FUD and is completely unconfirmed(such as the rumors of the Chinese government banning miners in China).

Chinese exchanges are still trading below western exchanges which means that people want to get out in China right now, and is one of the causes of this dump.

Anyways, price has stabilize quite a bit and right now is holding up nicely at $3700. I expect it to make a recovery to $4000.
sr. member
Activity: 518
Merit: 250
September 23, 2017, 02:45:12 AM
#39
We had a massive correction, I think. Spreading of FUD the main cause as some uneducated trader have a panic sale! Be smart, don't panic, stay rational and enjoy this opportunity.

Indeed, if faced with price reductions and strong issues about negative news about bitcoin, it certainly will cause panic for any trader and investor who may not really understand about bitcoin, and will certainly lead to price reductions in bitcoins that result in unbalanced sales transactions.
hero member
Activity: 1526
Merit: 596
September 23, 2017, 02:33:42 AM
#38
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

Has nothing to do with weekends. It's just normal market activity and perhaps a bit of panic selling from traders that believed in the rumors that the Chinese government was going to ban miners and the bitcoin network after they ban the exchanges.

It's not a big drop, only like $200 or so.

I don't think you should worry about it too much. Price should recover at least to $3800 if not $4000 or more(would require some strong bullish market, though) by the end of the month.
sr. member
Activity: 2156
Merit: 323
September 23, 2017, 02:00:22 AM
#37
We had a massive correction, I think. Spreading of FUD the main cause as some uneducated trader have a panic sale! Be smart, don't panic, stay rational and enjoy this opportunity.
member
Activity: 130
Merit: 10
September 23, 2017, 01:48:52 AM
#36
honestly you're going to see these kind of burps happen constantly as the bubble increases it's going to pull back when people take profit and regulations hit but at the end of the day it's always going to keep Rising there's far too much vested interest and far too much money being pumped into it for Bitcoin to ever take a meaningful dive below where it's at now, maybe back when it was in the Thousand range and it was teetering on the edge of its all-time high it might have been possible but we've seen a Bitcoin that's above 3000 consistently and at this point there's really no going back it's just a matter of holding out for the cycle until we see 5,000 stable and then 10,000 stable just wait for the bubble folks it's going to burst eventually but it's one hell of a ride until then.
sr. member
Activity: 924
Merit: 255
September 23, 2017, 01:42:23 AM
#35
The recent decline on bitcoin prices is influenced by some news in China that can make many peoples panic / hastely on deciding to selling it. Well but we know given a bitcoin prices fluctuate over time, of course bitcoin prices will not continue to decline, many other things that could affect to bitcoin price can rising again for the next.
hero member
Activity: 2128
Merit: 520
September 22, 2017, 10:45:41 PM
#34
The price of bitcoin is now 3600 dollars , last few days the price of bitcoin is 4000 dollars the price decrease 400 dollars. If you want to buy bitcoin you can buy now and for sure you will earn a lot of profit in the future. But invest only you can afford to lose because we dont know what thw exact price of bitcoin in the next few days or month. I hope the pricd will increase so we can make profit.

It went $3,800 and it started to land at $3,600 and no more falls so that this can be a very good stable price for bitcoin at the moment.

-snip-
So this is the reason now why the price is falling again? Is anyone here is mad at what Dimon's doing? He surely is the demon of crypto currency.
we cant do nothing with this person but its he's way to make profits, just speculating about his stand maybe he's frustrated that he's business start being ruined or his part of the whale club which trying really crash the market and to hold more btc, its hard to predict where's direction will be heading but one
thing is for sure risk taker will take much bigger earnings in the long run if project succeed.
hero member
Activity: 672
Merit: 500
September 22, 2017, 10:45:33 PM
#33
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

Recently the price has indeed been dropping close to the end of the weeks but that doesn't mean that it is a trend all the time. There is no justification for why markets should behave like this and should be just a coincidence.

There are articles saying that China may be banning miners, but on the other hand Charlie Lee is saying that this is completely false.

Uncertainty from China is the main driving force of this dump. I think price should be recovering soon.
hero member
Activity: 952
Merit: 513
September 22, 2017, 10:39:09 PM
#32
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

Not sure what exactly but imo it should be something to do with the fact that there are rumors going on that china is going to ban everything bitcoin related including mining and transacting on the network, and not just trading bitcoin.

This remains FUD and unconfirmed. I do not think that this has anything to do with Fridays/weekends.

Anyways, great time to load up a few coins if you have the fiat.
hero member
Activity: 3038
Merit: 634
September 22, 2017, 10:07:09 PM
#31
The price of bitcoin is now 3600 dollars , last few days the price of bitcoin is 4000 dollars the price decrease 400 dollars. If you want to buy bitcoin you can buy now and for sure you will earn a lot of profit in the future. But invest only you can afford to lose because we dont know what thw exact price of bitcoin in the next few days or month. I hope the pricd will increase so we can make profit.

It went $3,800 and it started to land at $3,600 and no more falls so that this can be a very good stable price for bitcoin at the moment.

-snip-
So this is the reason now why the price is falling again? Is anyone here is mad at what Dimon's doing? He surely is the demon of crypto currency.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
September 22, 2017, 09:31:45 PM
#30
If there's a pattern about price chart then, the trading will become more traditional. For sure the FUD over media is one of the main reasons why bitcoins suffer price downwards these days. As of now there's no concrete source or reasons behind that affect its price. Its a free market anything can happen. I hate selling assets in the market right, its so bloody and disappointing.
hero member
Activity: 1834
Merit: 523
September 22, 2017, 09:16:41 PM
#29
The price of bitcoin is now 3600 dollars , last few days the price of bitcoin is 4000 dollars the price decrease 400 dollars. If you want to buy bitcoin you can buy now and for sure you will earn a lot of profit in the future. But invest only you can afford to lose because we dont know what thw exact price of bitcoin in the next few days or month. I hope the pricd will increase so we can make profit.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
September 22, 2017, 07:14:11 PM
#28
Is there any reason why the btc price is dropping again?

yes it exists and the reason is this:


China's Miners on Tenterhooks as Exchanges Soon Shut


"
While there has been nothing officially done on the legality of Bitcoin mining, amid bans striking other parts of the cryptocurrency market such as ICOs and exchanges, there is still fear and uncertainty.

Miners in China have always managed to turn a profit, with the country’s low electricity cost and seemingly friendly approach to mining and cryptocurrency. However, as China takes a hard-nosed line to cryptos, miners are debating if it is a good business to be in.

Mining farms

China holds sway in terms of the hashrate for Bitcoin mining, and besides the more well known pools such as Antpool and F2Pool, they may be under threat if the crackdown continues.

The real issue is for those looking to capitalise on mining possibilities in China, as now that formerly lucrative business has a cloud hanging over it.

A recent example is that of Wang Hongyi who, as explained by the South China Morning Post, was looking to open a mining farm with over 1,000 computers in a remote corner of Northwest China.

https://www.cointelegraph.com/news/chinas-miners-on-tenterhooks-as-exchanges-soon-shut

 "

sr. member
Activity: 532
Merit: 255
September 22, 2017, 07:00:57 PM
#27
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Same, until now I myself have not found the source of information "Why Btc prices down? ..."

Possibly, due to a decrease in Btc purchasing power or a decrease in Investors, this is a DISASTER for all of us, but this problem seems to be only temporary, something like this is common in various economic joints, such as trade, banking, and so on.
It would be nice if we remain optimistic to face this problem though a little painful.
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